Ades Family Foundation Inc

HALLANDALE BEACH, FL EIN: 85-2853438

Ades Family Foundation Inc is a private foundation focused on Education, based in HALLANDALE BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $662K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.7M

+13.6% YoY

Annual Giving

$1.3M

+420.2% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$105K

+463.6% YoY

Under IRS private-foundation payout rules, Ades Family Foundation Inc reported a distributable amount of $372K for 2024 — the minimum it must pay out in qualifying distributions.

About Ades Family Foundation Inc

Based on IRS filings

Ades Family Foundation Inc is a private foundation focused on Education, based in HALLANDALE BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $662K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ArlingtonBoca RatonBrooklineBrooklynCambridgeEnglewoodHollywoodLos AngelesMiamiNew YorkPembroke PinesSao Paulo BrazilSunriseTampaTeaneckWashingtonWest Hollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$19,680,281$17,322,714$17,012,397
Revenue$3,888,798$1,007,353$2,255,104
Expenses$1,525,124$533,449$662,448
Qualifying Distributions$1,350,509$526,985$1,177,470
Net Investment Income$661,690$617,119$2,255,104
Distributable Amount$372,457$375,023$345,578

Giving Over Time

Total grant dollars and number of grants per year

$0$316K$632K$948K$1M0 grants20204 grants20219 grants202213 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOCIEDADE BEN ISRAELITA$1.0MAMERICAN ISRAEL EDUCATION$75KMICHAEL-ANN RUSSELL JCC$50KHILLEL SCHOOL OF TAMPA$50KOPENDOR MEDIA$40KJEWISH LEADERSHIP ACADEMY$14KPRIZMAH$10KCENTRO JUDAICO DE MIAMI …$10KJEWISH ADOPTION AND FOST…$5KFLORIDA CHESED NETWORK$5K

Grant Size Distribution

38 grants across all recorded years

28<$50K8$50–100K1$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sociedade Ben Israelita ($1,000,000), American Israel Education ($75,000), Michael-ann Russell Jcc ($50,000).

RecipientPurposeAmount
AMERICAN ISRAEL EDUCATION WASHINGTON, DCCHARITABLE DONATION$75,000
AMERICAN FRIENDS OF LEKET ISRAEL TEANECK, NJCHARITABLE DONATION$3,600
MICHAEL-ANN RUSSELL JCC MIAMI, FLCHARITABLE DONATION$50,000
OPENDOR MEDIA SUNRISE, FLCHARITABLE DONATION$40,000
PRIZMAH NEW YORK, NYCHARITABLE DONATION$10,000
YACHAD NEW YORK, NYCHARITABLE DONATION$1,854
CENTRO JUDAICO DE MIAMI INC MIAMI, FLCHARITABLE DONATION$10,000
JEWISH ADOPTION AND FOSTER CARE SUNRISE, FLCHARITABLE DONATION$5,000
FLORIDA CHESED NETWORK BOCA RATON, FLCHARITABLE DONATION$5,000
SOCIEDADE BEN ISRAELITA SAO PAULO BRAZIL, FLCHARITABLE DONATION$1,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANIEL ADESPRESIDENT1
GISELA ADESSECRETARY1
CARLOS FELIPE LEMOSVICE PRESIDE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ades Family Foundation Inc?

Ades Family Foundation Inc is a private foundation focused on Education, based in HALLANDALE BEACH, FL. It holds $19.7M in total assets as of 2024.

How large is Ades Family Foundation Inc?

As of 2024, Ades Family Foundation Inc holds $19.7M in total assets with $3.9M in annual revenue. It awarded 12 grants totaling $1.3M in 2024.

Where does Ades Family Foundation Inc operate?

Ades Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Massachusetts, New Jersey, New York, Virginia.

What size grants does Ades Family Foundation Inc award?

In 2024, Ades Family Foundation Inc awarded 12 grants totaling $1.3M — an average of about $105K per grant, based on its IRS Form 990 filings.

How much is Ades Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ades Family Foundation Inc reported a distributable amount of $372K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ades Family Foundation Inc's EIN?

Ades Family Foundation Inc's EIN (Employer Identification Number) is 85-2853438. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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